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NSIT (Insight Enterprises) Interest Expense : $-58 Mil (TTM As of Dec. 2024)


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What is Insight Enterprises Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Insight Enterprises's interest expense for the three months ended in Dec. 2024 was $ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-58 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Insight Enterprises's Operating Income for the three months ended in Dec. 2024 was $ 81 Mil. Insight Enterprises's Interest Expense for the three months ended in Dec. 2024 was $ -15 Mil. Insight Enterprises's Interest Coverage for the quarter that ended in Dec. 2024 was 5.54. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Insight Enterprises Interest Expense Historical Data

The historical data trend for Insight Enterprises's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Insight Enterprises Interest Expense Chart

Insight Enterprises Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.59 -40.52 -39.50 -41.12 -58.04

Insight Enterprises Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.36 -12.56 -14.19 -16.63 -14.66

Insight Enterprises Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-58 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Insight Enterprises  (NAS:NSIT) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Insight Enterprises's Interest Expense for the three months ended in Dec. 2024 was $-15 Mil. Its Operating Income for the three months ended in Dec. 2024 was $81 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $531 Mil.

Insight Enterprises's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*81.151/-14.66
=5.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Insight Enterprises Business Description

Traded in Other Exchanges
Address
2701 E. Insight Way, Chandler, AZ, USA, 85286
Insight Enterprises Inc is a Fortune IT provider engaged in helping businesses of all sizes, large enterprises, governments, schools, and healthcare organizations. The company has three geographic operating segments: North America, EMEA, and APAC. It generates maximum revenue from the North America segment. The company provides digital innovation, cloud/data center transformation, connected workforce, and supply chain optimization solutions and services.
Executives
Jennifer M Vasin officer: Chief Human Resources Officer 2701 E INSIGHT WAY, CHANDLER AZ 85286
Kathleen S Pushor director 8575 E VOLTAIRE AVE, SCOTTSDALE AZ 85260
Adrian P Gregory officer: President, EMEA 2701 E INSIGHT WAY, CHANDLER AZ 85286
Valueact Capital Master Fund, L.p. director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Catherine Courage director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Joyce A Mullen officer: President, North America 8111 LYNDALE AVENUE SOUTH, BLOOMINGTON MN 55420
Richard E Allen director C/O J.D. EDWARDS & CO, ONE TECHNOLOGY WAY, DENVER CO 80237
Samuel C Cowley officer: SVP, Gen'l Counsel & Secretary 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Rachael A Bertrandt officer: Principal Accounting Officer INSIGHT ENTEPRISES, INC., 2701 E INSIGHT WAY, CHANDLER AZ 85286
Timothy A Crown director, officer: CEO, President 6820 S HARL AVE, TEMPE AZ 85283
Glynis Bryan officer: CFO 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Daniel Burger officer: President INA 6820 S HARL AVENUE, TEMPE AZ 85283
Sumana Nallapati officer: Chief Information Officer 6820 S HARL AVENUE, TEMPE AZ 85283
Valueact Capital Management, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Alexander L. Baum director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129